Fidelity Floating Rate High Income (FFRHX)

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Article Excerpt

Today Personal Finance Editor Philip Springer recommends a bond fund for today’s interest rate environment.

“Fidelity Floating Rate High Income (FFRHX) should be the least impacted of our [bond fund] holdings when quantitative easing (QE) ends.

“The fund holds a portfolio of higher-quality, more liquid short-term bank loans and sports a duration…


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